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Yep,
your vocabulary and mine!
I think contango and backwardation are opposite.
I think contango and backwardation are opposite. Future oil is selling for more than present oil and present gold higher than future gold.
"Reality is the leading cause of stress amongst those in touch with it."
--Jane Wagner
A Republic, If You Can Keep It
That is what is so great
about the DP. I have learned more here in a year than any where any time.
I can hold a conversation with my husband about what is going on and I think it helps because he doesn't have to feel all alone thinking about these things. Makes me feel proud of myself.
Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.
.
Backwardation? Is that similar to back-asswardness?
Its just trader slang meaning...
people are willing to pay extra money to take delivery of goods immediately, rather than paying extra cash to get the goods at a later date.
.
.
just made-up words
to try and confuse We the people.
Don't be confused - LEARN
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My liberty-minded home base of thought:
www.ponderthis.net
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Freedom - Peace - Prosperity